You misunderstood. I have said many times that "the situation in British Columbia has a big impact on the lumber market" 20% of the lumber consumed in the U.S. comes from Canada, and of that, better than 50% is from B.C. However, the majority of the lumber is a domestic supply, and Canadian lumber may impact but is far from determining the lumber market or the price.
Yes! Expand further on this idea: "When homebuilders' sentiment..." The economy should be viewed as an entity in its own right, not merely a collection of numbers. This means that culture is fundamental. The economy is an art project, reflecting the people it serves. Nurture culture, and the economy will thrive.
I use to work as a door builder for a small family run company in Oregon. Maybe had about 7 or 8 employees and had I think 50% of its lumber imported from other countries. Could have been less i can't remember but i do remember seeing the order forms in Chinese.
I have found that their assessment is not always accurate to the current conditions. They have a tendency to not reflect upon the last few years but only what's happening in the recent months or weeks.
This is not my business: I work in Lumber sales, specifically timbers. Which can be extremely, extremely lucrative. The industry needs guys like you. For instance my top sales guys are making well over 200k.
@@Corkfish1Companies will do anything to gain an edge when the margins are so thin. I've read that vehicle parts can cross the border up to 12 times before final vehicle assembly
Tariffs are on the consumer, not the producer. The money raised from the tariffs goes into the US Treasury. The Fed is lowering interest rates to hopefully stimulate the economy and the government is razing taxes to stimulate production in the US. Does everyone win or lose? If the consumer stays home and doesn't go into debt, neither of the afore happen.
I’m not in the market for any lumber so I’ll just hangout for the raindrops………🌧 I’ve got 2-3 years left in my building materials career - going to be an interesting ride into retirement………🤔
A lot of material will be made from composite and 3D printed materials are way more economical and advanced than a few years ago. Also, there is so much existing supply and the Baby Boomer generation isn’t getting any younger and investor liquidity seems to be rotating into other assets than real estate. I’m not too sure but it appears to me there will be plenty of housing inventory, depending on the area, for most of the country, especially in co-v-I-d boom states.
Lumber closed unchanged at $540; after hitting a $532 low\ . Canadian curtail coincides a reduced US build permits and starts with current buyer demand. Trump is willing to talk Canada. Southern USA forests productive. Powell must contend Biden hyper inflatory policy. Remneft oil contract demanding dollars not roubles or ruppees add Russian and India inflation against UN sanction price cap.
Babe wake up, UE just posted a lumber market update.
Gather round children
Lumber Tariffs = MHEA, Make Housing Exspensive Again!
Thanks Simon
I appreciate what you do here. All of it, especially the lumber talks. Thank you.
Thank you 🤙
The PNW rain.
Thanks for the update.
Raising $4? To bad that won’t make up for the tariff
It’s called corporate greed. Billionaires padding their pockets.
Very nieve view
Very Canadian NDP view.
Who’s the naive one lolololol?
I always say it, tariffs ain't the issue when it comes to lumber.
Sorry Simon over a year ago, I brought up Lumber Tariffs, "YOU" said Canada lumber , has no effect on US mills. You blew it with me.
You misunderstood. I have said many times that "the situation in British Columbia has a big impact on the lumber market"
20% of the lumber consumed in the U.S. comes from Canada, and of that, better than 50% is from B.C.
However, the majority of the lumber is a domestic supply, and Canadian lumber may impact but is far from determining the lumber market or the price.
But if you want to give false meaning to it, then it would be better if you go and not come back
One more thing, tariffs on lumber is not a new thing, which has been happening longer than a year.
When you don’t listen to your gut that’s when you get yourself into trouble.
Thank you
The US dollar is soaring, commodity price is going down, and it should.
Yes! Expand further on this idea: "When homebuilders' sentiment..." The economy should be viewed as an entity in its own right, not merely a collection of numbers. This means that culture is fundamental. The economy is an art project, reflecting the people it serves. Nurture culture, and the economy will thrive.
I use to work as a door builder for a small family run company in Oregon. Maybe had about 7 or 8 employees and had I think 50% of its lumber imported from other countries. Could have been less i can't remember but i do remember seeing the order forms in Chinese.
Tariffs definitely did not help the hardwood market last go around. I don't look for a different outcome this time either.
Hit the like button guys!
Thank you Simon
For what?
Are you focusing on Plywood or just wood economic cost in general? NAHB has some economic assessments on their website.
I have found that their assessment is not always accurate to the current conditions. They have a tendency to not reflect upon the last few years but only what's happening in the recent months or weeks.
Thanks Simon
Callin no flaccid wood on the 🎲🎲
Thanks for the info and for the absence of the hideous fuzzy dice.
I thought the dice is why people were here. Huh?
Lumber may rise prices. But who is buying. NO MONEY 💵 😮😮😮 NO HONEY 🍯 BEAR IS GOING TO GAIN. 😊😊😊
This is not my business: I work in Lumber sales, specifically timbers. Which can be extremely, extremely lucrative. The industry needs guys like you. For instance my top sales guys are making well over 200k.
Isn't there a lot of US timber sent to Canadian mills to be processed and is then subject to tariffs when the finished product is sent back?
Not that I have heard of.
@UneducatedEconomist Happens more in northern Maine I think.
@@Corkfish1Companies will do anything to gain an edge when the margins are so thin. I've read that vehicle parts can cross the border up to 12 times before final vehicle assembly
Tariffs are on the consumer, not the producer. The money raised from the tariffs goes into the US Treasury. The Fed is lowering interest rates to hopefully stimulate the economy and the government is razing taxes to stimulate production in the US. Does everyone win or lose? If the consumer stays home and doesn't go into debt, neither of the afore happen.
I plan to build a fence
Ipe , Brazilian Redwood, or Tigerwood .
Would you suggest buying sooner rather than later?
The way the economy is heading....you should make it out of old pallets that you've dismantled.
What is happening with LVLs?
I’m not in the market for any lumber so I’ll just hangout for the raindrops………🌧
I’ve got 2-3 years left in my building materials career - going to be an interesting ride into retirement………🤔
A lot of material will be made from composite and 3D printed materials are way more economical and advanced than a few years ago. Also, there is so much existing supply and the Baby Boomer generation isn’t getting any younger and investor liquidity seems to be rotating into other assets than real estate.
I’m not too sure but it appears to me there will be plenty of housing inventory, depending on the area, for most of the country, especially in co-v-I-d boom states.
Teriffs ??? Shipping it in cost of fuel for those ships are astrnomical i never figured that one out in the name of global warming$$$$
8 footes or 18 ft.
Reciprocal
Lumber closed unchanged at $540; after hitting a $532 low\ . Canadian curtail coincides a reduced US build permits and starts with current buyer demand. Trump is willing to talk Canada.
Southern USA forests productive. Powell must contend Biden hyper inflatory policy. Remneft oil contract demanding dollars not roubles or ruppees add Russian and India inflation against UN sanction price cap.
All of them illegal canuks crossing over and getting the yanks addicted to Molson and fentanyl...
Depending on the Tariifs and your construction industry, I would be a lot more concerned about the price of Aluminum?
Yes you do you talk about alot we stop buy lumber from cananda it was to hi
Good i have timber too sell
Lumber is unique with regards. To tariffs. If you talk steel or aluminum the story is different.
✌️
It's all about supply and demand stupid